Remortgages (8.5% APR typical variable)
You can remortgage in a number of ways, either by switching your mortgage with your current provider or remortgage with someone completely different. UK Debt Consolidation Loan will search through our panel of lenders to find the best deal for your circumstances.
There are many reasons why our clients choose to remortgage. Some want to raise money to repay expensive cards or loans, carry out home improvements, afford a dream wedding or take advantage of a lower interest rate mortgage.
Am I Eligible to Remortgage?
If you can answer "yes" to the following statements, then you may qualify for a remortgage with UK Debt Consolidation Loan:
"I own my own property."
"I am aged between 18 – 75."
"I receive a regular source of income, such as a wage."
"I am a resident of the UK."
"I can afford to remortgage my home."
"I do not have secured debts on my home which exceed 90% of the value."
The most important of these criteria is that you can afford your new monthly payment. As failure to do so will mean that your home is at risk.
Free Remortgage Advice from UK Debt Consolidation Loan
If you think that you could qualify for a remortgage with us, or would like some more information, please contact us directly on our freephone number, 0808 131 9106.
LOANS MAY BE SECURED ON YOUR HOME. THINK CAREFULLY BEFORE SECURING DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER DEBTS SECURED ON IT. IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY.
For mortgages and re-mortgages the overall cost for comparison is 8.5% APR variable and for secured loans 14.5% APR variable. The actual rate will depend upon your circumstances. Ask for a personalised illustration. A broker fee may be payable on completion, and will depend on your circumstances. For mortgages and re-mortgages this fee is typically between 0% and 3% of the gross mortgage amount, subject to a minimum of £2,495 and a maximum of £3,995. For secured loans, the fee is typically between 0% and 10% of the loan value.
UkDebtConsolidationLoan.com is a trading name of Ask Finance Ltd which is registered in England and Wales (company number 4229724), Jackson House, Sibson Rd, Sale, Manchester, M33 7RR. Ask Finance is licensed under the 1974 consumer credit act to carry on the business of consumer credit, consumer brokerage, debt adjusting and debt counselling. Consumer Credit License No: 507130. Ask Finance is authorised and regulated by the Financial Services Authority (FSA) - FSA No: 300490 - for the provision of mortgage advice and arranging insurance.